Local Realty Service Provided By: Coldwell Banker Warburg
237 Bainbridge Street, Brooklyn, NY 11233
$3,800,000
8
Beds
7
Baths
1,650
Sq Ft
Multi-Family
Active
Listed by
Shai Bernstein
Noam Y Gottlieb
Douglas Elliman Real Estate
Last updated:
September 17, 2026, 05:56 PM
MLS#
RLS20099774
Source:
NY REBNY
About This Home
237 Bainbridge Street presents a strong opportunity to acquire a newly constructed 8-family multifamily building in the heart of Brooklyn. Built in 2013, the property spans approximately 5,989 square feet and sits within a 30-foot-wide building, offering a desirable mix of one- and two-bedroom residences.
The property benefits from high in-place income, very low expenses, and annual real estate taxes of $11,231, supported by a 421A tax abatement in place through 2031. Upon expiration of the abatement period, future ownership may have the opportunity to increase rents or explore a potential condominium conversion, subject to applicable approvals. Located just a 5-minute walk from the A/C subway lines, 237 Bainbridge offers excellent access, strong investment fundamentals, and a highly compelling option for 1031 exchange buyers.
Home Facts
Multi-Family
7 Baths
8 Bedrooms
Built in 2013
Subdivision & Development:
Stuyvesant Heights
Price Summary
3,800,000
$2,303 per Sq. Ft.
MLS #:
RLS20099774
Last Updated:
September 17, 2026, 05:56 PM
Added:
2 month(s) ago
Rooms & Interior
Bedrooms
Total Bedrooms:
8
Bathrooms
Total Bathrooms:
7
Full Bathrooms:
5
Structure
Structure
Building Area:
1,650 Sq. Ft.
Year Built:
2013
Finances & Disclosures
Price:
$3,800,000
Price per Sq. Ft:
$2,303 per Sq. Ft.
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Contact an Agent
Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.
If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.